TWSE Market Insights

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Song Chuan Precision Co., Ltd. (hereinafter referred to as “Song Chuan Precision”) was founded in July 1974 and is a long-established Taiwanese company with extensive expertise in the professional design and manufacturing of relays. Song Chuan Precision markets its products worldwide under its own brand, “SONG CHUAN.” Headquartered in New Taipei City, Taiwan, the company maintains sales offices in the United States, Europe, China, Singapore, South Korea, Thailand, and India, and operates manufacturing facilities in Taiwan, Mexico, China, India, and Vietnam, providing global customers with timely and professional services.

Song Chuan Precision’s products are widely used in the fields of new energy, electric vehicles, automobiles, automation, and home appliances. Leveraging outstanding quality, continuous innovation, and a well-established international presence, the company actively invests in the new energy and energy storage markets, securing a prominent position in the global relay industry while continually expanding its influence in international markets.

• Vertically Integrated Production: Song Chuan Precision adopts a highly vertically integrated production model, maintaining full in-house control over mold design and manufacturing, plastic and metal component design and production, automated equipment development and manufacturing, and relay assembly. With IEC 17025 laboratory quality system certification and UL WTDP laboratory accreditation, Song Chuan Precision can shorten development cycles, reduce costs, and respond quickly to customized requirements.
• R&D and Patents: Song Chuan Precision possesses strong R&D and design capabilities. In addition to maintaining leadership in the fields of relays and contactors, the company also invests in the development of new technologies such as high voltage, high current, HVDC, liquid cooling, and magnetic latching designs. Through strategic patent deployment, Song Chuan Precision safeguards its innovations and establishes barriers to entry within the industry.
• Market Orientation and Customization: Song Chuan Precision, in addition to offering standard products, places great emphasis on specialized application solutions. The company provides customized products tailored to the needs of electric vehicles, AI servers, energy storage, and charging infrastructure, demonstrating strong flexibility and adaptability.
• Diversified Applications and Expansion: Song Chuan Precision is actively transforming into high-growth sectors such as new energy, energy storage, microgrids, and AI server power systems, continuously expanding its market footprint.
• Global Presence and Supply Chain Resilience: To serve global customers and mitigate geographic risks, production bases are established in Taiwan, Mexico, China, India, and Vietnam, while sales offices are set up in the United States, Europe, China, Southeast Asia, and Northeast Asia to enhance delivery efficiency and strengthen supply chain resilience.

Song Chuan Precision is a globally leading relay brand, trusted by international customers. With a comprehensive presence in the new energy relay sector, the company possesses strong capabilities in customized design and rapid response, continuously strengthening its market competitiveness. Its key advantages include:

• Strong Technical Expertise and Vertical Integration: Song Chuan Precision’s capabilities encompass mold design, plastic injection, stamping, component assembly, and automation integration, with an in-house parts production rate of 70–80%, effectively enhancing both efficiency and quality.
• R&D and Rapid Response: Song Chuan Precision’s professional team can quickly complete the entire process from mold design to prototype development, providing flexible solutions to meet customer needs.
• Song Chuan Precision has obtained professional certifications including IATF 16949, ISO/IEC 17025, and UL WTDP, and has also been recognized for sustainability with ISO 14001 and EcoVadis.
• Extensive Global Customer Base: Song Chuan Precision serves over 2,000 major brands worldwide, with applications across the electric vehicle, automotive, new energy, industrial control, and home appliance sectors.
• Song Chuan Precision holds a strong market position, with over 90% of its sales coming from exports, demonstrating its competitive edge in the international market.

Looking ahead, Song Chuan Precision will continue to increase its market share and strengthen its market leadership. The company will deepen its R&D investment, focusing on new energy and advanced applications, while increasing the proportion of products for energy storage, electric vehicles, and solar power. It will enter the AI server and high-wattage power supply markets to enhance its HVDC presence. Song Chuan Precision will proactively expand its global presence to drive revenue and profit growth. Through its global production footprint, the company aims to enhance supply chain resilience and lead times, as becoming a solution provider is Song Chuan Precision’s mission.